Facilitating Behavioural Changes at Work

The ability to facilitate change is a vital skill for all managers, as without change your organisation cannot grow, improve practices and thrive. When planning and orchestrating any changes at work, it is essential that the proposed change is framed positively and that employees are given the tools and information they need to cope. Even […]

Bereavement Leave (How Much Time Off Work?)

As an employer it is important that you provide both a compassionate and legally compliant approach to employee absence from work following the death of a loved one so as to minimise the impact on the bereaved individual and your business. Yet the law relating to bereavement leave is by no means clearly defined.   What is […]

Coronavirus Job Retention Scheme (How to Claim)

With businesses across the UK economy suffering the impact of the coronavirus outbreak, the Government has stepped in to help employers avoid layoffs and redundancies through the Coronavirus Job Retention Scheme (CJRS). The CJRS is an emergency scheme designed to fund wages of those workers who would otherwise be unemployed as a direct consequence of the COVID-19 […]

Coronavirus: Working from Home (Employer Advice)

The UK Government has placed the country on official lockdown from 23 March 2020. Under the new rules, members of the public must not leave their house except to: Travel to and from work if impossible to work from home Shop for essentials, as infrequently as possible Exercise outdoors once per day, alone or with […]

Should I Furlough My Employees?

Businesses forced to close to reduce the spread of coronavirus and those that are still operating but seeing no or very little work are now looking to lay offs, asking workers to take unpaid leave or to furlough employees to reduce their outlay on salaries. Can you force employees to take unpaid leave? Despite the […]

Disqualification of Directors Rules

A company director may face disqualification if they are found to have failed to fulfil their legal responsibilities by participating in unfit conduct, or wrongful or fraudulent trading. Common grounds for director disqualification could include:   Failure to maintain proper accounting records for the company Permitting a company which is unable to pay its debts […]

What is Insolvency?

When financial hardship hits your business, and you are forced to consider closing down, working out what to do next can be overwhelming. Understanding the fundamentals behind what insolvency is, what the process entails and what it means for the future of your business can help you to navigate this complex situation.   What does […]

What is the Role of the Company Secretary?

All UK public companies require a company secretary by law, under the Companies Act. Private limited companies however are not required to appoint a company secretary, however the directors may still choose to do so, as there can be many practical benefits to the organisation of having a dedicated individual in this role. Many important […]

Restoring a Company to the Register

There are two processes for restoring a company to the Register, either by Court Order or by ‘administrative restoration’ under section 1024 of the Companies Act 2006. The appropriate route will be determined by a number of factors. Restoring a company to the register by way of administrative restoration requires certain eligibility criteria to be met […]

How to Determine your Estate Planning Needs

To ensure your intended beneficiaries receive the maximum from your estate, it is always recommended to fully investigate your estate planning needs now to guard against unintended parties laying claim to part of the estate. Since no two estates are the same, there is no single solution to handling your estate planning needs. Regardless of […]

The School Fee Plan and Private Education Fees

The cost of school fees continues to soar and, sadly, rarely in line with any annual increase in salary. The average cost for private day schooling currently stands at around £14,000 per annum, a figure that can easily be doubled for boarding fees. It is therefore essential to plan ahead, considering the most tax efficient […]

Research and Development Tax Credit for SMEs

Research and development (R&D) tax credits can potentially offer small and medium-sized enterprises (SMEs) a lucrative form of corporation tax relief. That said, many SMEs who have made capital investments in innovative projects that would qualify for R&D relief, are failing to take advantage of the available tax reductions or cash payments available. There may […]

R&D Tax Credits (Does your Company Qualify?)

Far too many businesses are letting their inventiveness go to waste and are missing out on money they could claim back from HMRC. If your company has made a capital investment in an innovative project, you may be able to recoup a large chunk of that expenditure by way of R&D tax credits, even where […]

Expatriate Tax: Liability When Moving to the UK

By moving to the UK you may become liable to pay UK income and capital gains tax, in addition to any tax liability in your home country. Understanding how expatriate tax works can be crucial in determining whether relocating to the UK is a financially viable move for you and your family. The following guide […]

What is an Employee Share Scheme?

As an employee, you may have the opportunity to acquire shares in the company that employs you. This is known as an “Employee Share Scheme”. Below we look at how Employee Share Schemes work and what tax advantages you will benefit from when you acquire, or dispose of, employment-related shares.   What is an Employee […]

What is Income Tax for Expats?

Even if you leave the UK and move abroad, you may still be liable to UK income tax. It is therefore important to understand if and when any UK tax liability arises, and how this may affect you. The following guide looks at income tax for expats, and what you need to know about UK […]

The Benefits of an International Tax Review

For businesses who trade and operate in more than one country, the value of carrying out an international tax review cannot be denied, bringing together the complexities of: international tax legislation, including ongoing changes developments within your business and future planning commercial and political changes worldwide   International tax legislation   Any company who operates […]

School Fees Savings Plan: Why Use a Trust?

Having a plan of action in place on how you will pay for your child’s private school fees is always a good idea, and one way to lessen the burden financially is to investigate tax efficient investment structures. Your starting point, as with any type of tax planning, should always be to decide exactly what […]

How do Employee Share Schemes Work?

Many employers offer employee share schemes to attract and retain top talent by ensuring both employee and employer interests are on the same path. With strict and detailed HMRC legislation to adhere to, however, it is important to fully plan an employee share scheme before it is put into place to ensure tax compliance. So […]

The Importance Of Designing Emails & Websites For Tablets

It’s something most, if not all, tablet users have experienced. You open an email and it instantly loses its formatting. You go to a website but you can’t read all of the text and the call to action button doesn’t work. What do you do? You simply close the window move on. All of the […]